Bluebird: Q1 Earnings Snapshot

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SOMERVILLE, Mass. (AP) — SOMERVILLE, Mass. (AP) — Bluebird Bio Inc. (BLUE) on Wednesday reported a loss of $29.1 million in its first quarter.

On a per-share basis, the Somerville, Massachusetts-based company said it had a loss of $2.98. Losses, adjusted for restructuring costs, came to $2.66 per share.

The biotechnology company posted revenue of $38.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $4.98. A year ago, they were trading at $21.40.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLUE at https://www.zacks.com/ap/BLUE